In this episode, Sandy MacKay discusses the rising construction costs in Canada and their impact on the real estate market, providing a detailed cost breakdown. He highlights key segments affected by cost acceleration and the challenges they face. Sandy examines the cooling Canadian real estate market, offering investment perspectives and identifying opportunities for investors amidst current market adjustments. The episode features insights into BGO's Canadian Value-Add Limited Partnership, detailing its unique investment approach, benefits, and vertically integrated platform. The conversation also touches on growth potential in the multifamily and industrial sectors, concluding with closing remarks and acknowledgments.

(0:00) Introduction and rising construction costs in Canada

(0:24) Impact of rising construction costs on real estate and cost breakdown

(1:31) Key segments and challenges in construction cost acceleration

(3:05) Cooling Canadian real estate market and investment perspectives

(6:30) Opportunities in current market adjustments for investors

(6:50) Sponsor: BGO's Canadian Value-Add Limited Partnership

(7:23) Unique investment approach and benefits of BGO's strategy

(9:02) BGO’s vertically integrated platform and leadership expertise

(10:10) Growth potential in multifamily and industrial sectors

(10:32) Closing remarks and thank you

In this episode, Sandy MacKay provides insights into multifamily investment, starting with ACRE's strategies and Daniel Jacobs' perspectives on multifamily credit. The discussion covers ACRE's approach to the market and its lending capabilities. Sandy delves into the CMHC Improvement Mortgage Loan Insurance, highlighting financing and construction options, loan assessment, and eligibility criteria, including creditworthiness and non-resident considerations. The episode also features BMO's views on Canadian real estate and mortgage rates, examining bond yields and their influence on the market. Sandy concludes with an overview of opportunities in the multifamily sector and a market outlook.

(0:00) Introduction to multifamily housing potential and credit funds

(2:06) ACRE's track record and CMHC Improvement Mortgage Loan Insurance

(3:42) Financing and construction requirements for multifamily projects

(5:13) Eligibility and assessment for CMHC improvement loans

(7:52) BMO's cautious real estate market report and mortgage rates

(10:02) Current market challenges and strategic multifamily investments

(10:52) Closing remarks and thank you

In this episode, Sandy MacKay delves into current trends in the Canadian rental market, examining the influence of secondary markets and immigration caps on rental dynamics. The discussion shifts to rent trends and strategies renters can employ to cope with rising costs. Sandy also highlights the increasing interest of Canadian investors in U.S. markets, exploring the challenges and opportunities presented by capital flight in real estate. The episode features insights into PGIM Real Estate's recent deals and an overview of The Viridian Project, focusing on its amenities and benefits for investors. Closing remarks provide a comprehensive understanding of these developments for stakeholders.

(0:00) Introduction to Canadian Rental Market Trends

(1:04) Impact of Secondary Market and Immigration Caps on Rentals

(2:30) Rent Trends and Coping Strategies for Renters

(3:18) Canadian Investors' Shift to U.S. Markets

(5:24) Capital Flight: Challenges and Opportunities in Real Estate

(6:00) Sponsor: PGIM Real Estate Deal Highlights

(7:11) The Viridian Project: Amenities and Investor Benefits

(8:21) Closing Remarks

In this episode, Sandy MacKay opens with an introduction to Atlas Real Estate's recent acquisition of Perse Apartments, detailing the transaction roles and notable property features. The conversation continues with plans for property renovations and an analysis of the Canadian real estate market. Sandy addresses tenant rights, potential evictions, and the current housing market tensions in Toronto, exploring the challenges and opportunities these issues present. The episode concludes with closing remarks emphasizing the importance of communication in multifamily housing, offering listeners a comprehensive overview of recent developments and their implications for investors and stakeholders.

(0:00) Introduction and details on Atlas Real Estate's acquisition of Perse Apartments, including transaction roles and property features

(1:31) Planned property renovations and Canadian real estate market analysis

(4:05) Tenant rights, potential evictions, and housing market tensions in Toronto

(6:20) Closing remarks and importance of communication in multifamily housing

In this episode, Sandy MacKay explores the recent surge in multifamily housing construction in Anchorage, driven by tax incentives and notable projects from local developers. Sandy delves into insights from developers and the Anchorage Assembly's initiatives, highlighting community responses and efforts to address the city's housing shortage. The episode also features an overview of Founders Development Company's RailRoad Lofts project, emphasizing its amenities, sustainability features, and investment potential. Additionally, Sandy discusses Ottawa's air conditioning initiative and how landlords are responding, alongside government funding efforts to enhance tenant safety.

(0:00) Anchorage multifamily housing construction boost and tax incentives

(1:15) Notable multifamily projects and developer insights in Anchorage

(2:13) Anchorage Assembly's initiatives and community responses

(3:09) Addressing the housing shortage and market-rate apartment construction

(4:12) Founders Development Company's RailRoad Lofts project overview

(5:49) RailRoad Lofts amenities, sustainability, and investment opportunities

(7:13) Air conditioning initiative and landlord responses in Ottawa

(8:41) Government funding and collaboration for tenant safety

In this episode, Sandy MacKay introduces the new legislation impacting multifamily real estate, focusing on Ontario's proposed landlord drug liability law. The discussion highlights concerns from supportive housing providers, who worry about the implications for their operations. Sandy explores what constitutes reasonable measures for landlords under this law and discusses advocates' calls for the exemption of supportive housing from these requirements. The episode also delves into potential unintended consequences of the legislation, offering a comprehensive look at how these legal changes may affect the multifamily real estate landscape. Closing remarks wrap up the discussion, providing valuable insights for investors and stakeholders.

(0:00) Introduction and impact of new legislation on multifamily real estate

(0:25) Overview of Ontario's proposed landlord drug liability law and concerns from supportive housing providers

(1:23) Reasonable measures for landlords and advocates' call for exemption of supportive housing

(2:13) Potential unintended consequences of the legislation and closing remarks

In this episode, Sandy MacKay begins with an introduction and delves into Mondev's journey towards financial resilience, exploring how the company navigated challenges in the multifamily real estate sector. The focus then shifts to Oxford Properties and their Scarborough rental project, highlighting key details and implications for the market. Sandy also examines Caisse de dépôt et placement du Québec's investment in Renewa, discussing its potential impact on the multifamily landscape. The episode offers valuable insights into current projects and investments shaping the Canadian real estate market.

(0:00) Introduction and Mondev's journey through financial resilience

(1:57) Oxford Properties' Scarborough rental project and details

(3:01) Caisse de dépôt et placement du Québec's Renewa investment and its impact

In this episode, Sandy MacKay kicks off with an introduction and an announcement about a new investment program. The discussion then shifts to explore the implications for Invesco shareholders, providing insights into how recent developments may affect their portfolios. Sandy also provides an update on the MBTA Communities Act, examining its potential impact on real estate markets. The episode wraps up with closing remarks, where Sandy draws lessons for Canadian markets, offering valuable perspectives for investors looking to navigate the multifamily real estate landscape.

(0:00) Introduction and investment program announcement

(1:57) Implications for Invesco shareholders and MBTA Communities Act update

(4:08) Closing remarks and lessons for Canadian markets

In this episode, Sandy MacKay introduces Crombie REIT and discusses the shift in the multifamily market. The conversation explores Crombie's transformation of its multifamily portfolio and wealth creation opportunities in the sector. Sandy examines the trend of retail landlords moving into multifamily real estate and highlights current market trends and investor opportunities. The resilience of the multifamily sector and the potential for office-to-residential conversions are discussed, featuring KRP Properties' project. The importance of sustainable construction and adherence to LEED standards in multifamily developments is emphasized. Sandy wraps up with closing remarks and a teaser for the next episode.

(0:00) Introduction to Crombie REIT and multifamily market shift

(0:48) Crombie's multifamily portfolio transformation

(1:19) Wealth creation in multifamily real estate

(2:03) Retail landlords moving into multifamily

(2:24) Market trends and investor opportunities

(4:11) Multifamily sector resilience and conversions

(5:01) KRP Properties' office-to-residential project

(6:22) Sustainable construction and LEED standards in multifamily

(7:10) Closing remarks and next episode teaser

In this episode, Sandy MacKay provides an overview of the current market forecast and factors affecting the housing market. A case study on multifamily investment in Tacoma offers practical insights. Sandy introduces top apartment REITs for income investors, including Essex Property Trust, Camden Property Trust, AvalonBay Communities, Mid-America Apartment Communities, Equity Residential, and American Homes 4 Rent. The discussion also covers Equity LifeStyle Properties, UMH Properties, and UDR, Inc. Sandy concludes with insights on American Assets Trust and additional investment opportunities.

(0:00) Introduction and market forecast overview

(1:00) Factors affecting the housing market and regional activities

(3:30) Tacoma multifamily investment case study

(5:24) Introduction to top apartment REITs for income investors

(6:29) Essex Property Trust and Camden Property Trust insights

(7:25) AvalonBay Communities and Mid-America Apartment Communities profile

(8:05) Equity Residential and American Homes 4 Rent analysis

(8:42) Equity LifeStyle Properties, UMH Properties, and UDR, Inc. discussion

(9:32) American Assets Trust and closing investment opportunities